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The Record

Reese Witherspoon, Mediawan buy Hello Sunshine

Every signal in this story, with the reporting each one was drafted from.

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Hello Sunshine’s PE collapse signals Hollywood star-deal reckoning

Hello Sunshine’s PE collapse signals Hollywood star-deal reckoning

The Ankler’s Ashley Cullins reports that Reese Witherspoon is buying back Hello Sunshine alongside Mediawan for less than 10 percent of the $900 million valuation Blackstone-backed Candle Media paid in 2021.

Streaming

Witherspoon buys back Hello Sunshine from Candle Media at steep discount

TheWrap’s Jose Alejandro Bastidas and Lucas Manfredi report that Reese Witherspoon, partnering with Mediawan, is reacquiring a majority stake in Hello Sunshine for “low- to mid-eight figures.”

Oct 15
Streaming

Reese Witherspoon buys back Hello Sunshine at a steep discount

Axios’s Sara Fischer and Kerry Flynn report that Reese Witherspoon has teamed with Paris-based Mediawan to buy back Hello Sunshine from Candle Media for low- to mid-eight figures.

Oct 15